07:47 AM EDT, 08/27/2025 (MT Newswires) -- Probe Gold ( PROBF ) on Wednesday provided the latest results from the Novador in-fill drill program on its 100%-owned Novador property located near Val-d'Or, Quebec, where twenty-eight infill drill holes returned "significant" gold intercepts from near-surface to about 200 metres vertical depth and also high-grade gold intercepts deeper in the Creek deposit areas.

The company said the 50,000-metre winter infill drill program will support the 2025 pre-feasibility study. The Courvan Trend infill drilling results intersected near-surface gold zones with significant grades up to 20.4 grams per tonne (g/t) gold (Au) over 5.5 metres (cut), 12.1 g/t Au over 4.0 metres, including 39.1 g/t Au over 1.0 metres and 7.0 g/t Au over 5.5 metres, including 34.1 g/t Au over 1.0 metres.

"With major engineering contracts now in place, the PFS is advancing steadily, marking an important milestone in moving Novador toward development," said Probe Gold ( PROBF ) Chief Executive David Palmer. "We are also making meaningful progress on permitting, resource growth, and mine plan optimization."

Shares of the company closed up 3.3% to $2.47 on Tuesday on the Toronto Stock Exchange.